Mtech News, Opportunities and Events
June 13, 2011
Mtech's Maryland Industrial Partnerships (MIPS) Program Wins Maryland Economic Development Association 50th Anniversary Economic Impact Program Award
Watch the MIPS award video online.
Mtech's Maryland Industrial Partnerships (MIPS) program was selected for a Maryland Economic Development Association (MEDA) 50th Anniversary Economic Impact Program Award. The award was given during MEDA's annual conference on June 6 in Cambridge, Md.
The Economic Impact Award celebrates a project or program bringing lasting investment and momentous impact to a region and to the state at large. Eligible submissions create and nurture economic growth, prosperity, and renewal on a sweeping scale, improving Marylanders' lives far beyond regional borders.
More than 450 companies in Maryland have benefitted from the program since its inception in 1987. Commercial products benefiting from MIPS projects have generated more than $21.6 billion in revenue, added thousands of jobs to the region, and contributed to successful products such as Martek Biosciences’ nutritional oils, Hughes Communications’ HughesNet, MedImmune’s Synagis, and Black & Decker’s Bullet Speed Tip Masonry Drill Bit.
"MIPS has certainly proven its value as an enlightened partnership of academic expertise and business creativity," says University of Maryland President Wallace D. Loh. "Pairing our top experts in a field with private industry at a critical moment in the innovation life cycle just makes good sense, as MIPS' record demonstrates. We’re very honored to receive this recognition from Maryland's development professionals."
CosmosID, a company in the Mtech Technology Advancement Program (TAP) incubator developing comprehensive pathogen identification technologies, was named company of the year in the life sciences company category during the 2011 Maryland Incubator Company of the Year Awards.
In all, eight Mtech-affiliated companies were finalists for the awards. Three additional TAP incubator companies and one in TAP’s fast-track, early admission program, called VentureAccelerator, were finalists. WellDoc Inc., a company that used Mtech Maryland Industrial Partnerships (MIPS) funding to develop its next generation of technology solutions to support chronic disease management, won the graduate company of the year award. Two additional MIPS funding recipients, Plant Sensory Systems and Emerald Sky Technologies, were also finalists.
Companies were recognized at a ceremony held June 2 at The Center Club in Baltimore, Md.
MIPS Funding Winner Fyodor Biotechnologies Awarded a National Science Foundation SBIR Grant
MIPS funding winner Fyodor Biotechnologies, a Baltimore-based diagnostic and biopharmaceutical company, received a $150,000 Small Business Innovation Research (SBIR) Phase I grant, the company announced on June 8.
With the $150,000 funding, Fyodor plans to further progress the development of its innovative Urine Malaria Test (UMT) technology.
"We are pleased to receive this award from the National Science Foundation from among what we can be sure was a highly competitive list of leading-edge project proposals," said Eddy Agbo, DVM, Ph.D., Chairman & CEO of Fyodor Biotechnologies. "We will use the funds to broaden the utilization of Fyodor's malaria diagnostic which uses urine instead of blood, and thus can be performed without the need for trained persons or other materials, resources often in short supply in areas of the world where diagnosis within 24 hours is critical."
Mtech is Hiring an Assistant Director for Mtech Ventures and an Adjunct Instructor for the Entrepreneurship and Innovation Program
Assistant Director, Mtech Ventures
The Maryland Technology Enterprise Institute (Mtech) Ventures division seeks an Assistant Director for Mtech Ventures to assume a high level of responsibility in managing the financial, administrative, and operational aspects of the University of Maryland's highly regarded technology enterprise incubator programs. Reporting to the Mtech Ventures Director, and working in concert with Mtech's Office of Business, Finance, and Facilities, the Assistant Director will play a key role in supporting Mtech's mission of working with entrepreneurs to build successful technology companies in the State of Maryland. The Assistant Director will be responsible for developing, implementing, and managing internal business, operations, and information management practices and systems along with creating support systems for member companies. Other responsibilities will include benchmarking studies of national and regional entrepreneurial programs with the goal of creating performance measurement metrics for reporting and marketing and supporting the recruitment and selection process for new member companies. A Bachelor's degree (MS preferred) plus at least five years' experience in demonstrated leadership, self- direction and good judgment in handling difficult situations. Prior experience working in an entrepreneurial and/or academic environment is a plus. For a complete job description and to apply, visit: http://jobs.umd.edu. For best consideration, please apply by June 24, 2011. EOE/AA
Adjunct Instructor, Entrepreneurship and Innovation Program
The Entrepreneurship and Innovation Program (EIP), a joint program of the Maryland Technology Enterprise Institute (Mtech) and the University of Maryland’s Honors College, invites applications for the position of adjunct instructor to teach the program’s capstone course, HEIP 241 Social Entrepreneurship Practicum. Applicants should have prior post-secondary teaching experience. Direct experience in social entrepreneurship is preferred. HEIP 241 is an honors-level undergraduate entrepreneurship course designed to enhance students’ understanding of achieving profitability and social impact, and will draw upon contemporary issues in fields such as energy, the environment, life sciences, healthcare, and education. Through lectures, class discussions, guest speakers, group exercises, and other experiential learning methods, students will be encouraged to think about businesses’ social and environmental imprints in addition to financial considerations. As the final deliverable for the course, students will work in teams to develop an implementable plan and design for a for-profit business product or service with social impacts.
For a complete job description and to apply, visit: http://mtech.umd.edu/jobs/eip_adjunct_instructor.html
- High School Students: Earn College Credit and Explore Entrepreneurship, High-Tech Product Development and Marketing, or Biopharmaceutical Production this Summer at the University of Maryland
- Summer Entrepreneurship Course for Middle School Students
- Free Legal Services on Intellectual Property and Related Matters for Entrepreneurs and Emerging Tech Companies
- Chesapeake Bay Seed Capital Fund: Financing Available for Qualifying Green Companies
- Pollution Prevention Technical Assistance for Maryland Businesses
- Lean and Clean Assessments
Upcoming Mtech Events
- June 14: Free, Open Entrepreneur Office Hours for University of Maryland Students, Faculty and Staff, and Regional Entrepreneurs with Tech-Based Startups or Ideas
Partner and Other Opportunities and Events
- June 15: 6th Annual Postdoc Conference & Career Fair
- June 16: Tech Cocktail Startup Mixology Conference
- June 16: Google & University of Maryland Cybersecurity Center: The Future of Online Identity
- June 26: BioParks 2011: The Next BIG Thing in Research Parks: Bioparks, Innovation and GreenTech
- June 29: 2011 StartRight! Business Plan Competition Deadline
- June 27: InterconneXions@BIO2011
- July 8: TEDCO Funding Briefing
High School Students: Earn College Credit and Explore Entrepreneurship, High-Tech Product Development and Marketing, or Biopharmaceutical Production this Summer at the University of Maryland
Mtech, in conjunction with the University of Maryland's Young Scholars Program, is offering exciting courses this summer from July 10-29 for high school students:
- ENES 140: Discovering New Ventures--Foundations of Entrepreneurship
- ENES 141: Introduction to High-Tech Product Development and Marketing
- BIOE 160: Biopharmaceutical Production
The Young Scholars Program is an excellent opportunity for students to:
- Earn 3 college credits in 3 weeks
- Test academic interests and explore career options
- Meet new friends who share similar interests
- Discover college life at Maryland!
Read more and register here»
Summer Entrepreneurship Course for Middle School Students
Mtech and the University of Maryland Young Scholars Discovery Program are offering a summer entrepreneurship course for middle school students called "Designing Your Own Business." This multidisciplinary course, held from July 17-29, introduces students to the basic business, strategy, and leadership skills needed to launch new ventures.
The Young Scholars Discovery program offers rising eighth and ninth grade students an exceptional learning opportunity at the University of Maryland. For two challenging weeks, academically talented students explore career opportunities, engage with experts in innovative fields, collaborate during interactive seminars, and learn about university life at Maryland.
Free Legal Services on Intellectual Property and Related Matters for Entrepreneurs and Emerging Tech Companies
The Maryland Intellectual Property Legal Resource Center (MIPLRC), which offers free legal services on intellectual property and related matters to entrepreneurs and emerging technology companies and explores relevant legal, ethical and policy issues in the high technology and intellectual property areas, is now at the university and Mtech. MIPLRC's legal services are available at no charge to university faculty and students, as well as to regional entrepreneurs and startup companies. The MIPLRC is part of the University of Maryland School of Law. For more information, visit www.mtech.umd.edu/miplrc/.
Chesapeake Bay Seed Capital Fund: Financing Available for Qualifying Green Companies
If your company or technology could improve air or water quality around the Chesapeake Bay area, consider applying for investment from the Chesapeake Bay Seed Capital Fund. Supported by the Maryland Department of Natural Resources and administered by Mtech, the fund will invest $250,000 annually over a three-year period into Maryland-based startup companies with innovative technologies that may help improve air and water quality in the Chesapeake Bay area. Fund recipients are jointly selected by Mtech and the Maryland Department of Natural Resources. More»
Pollution Prevention Technical Assistance for Maryland Businesses
The Maryland Department of the Environment offers free, on-site technical assistance through Mtech's Manufacturing Assistance Program. These visits show you how to:
- Make more efficient use of the energy and raw materials you use
- Reduce waste disposal and handling costs
- Reduce regulatory compliance and liability costs, and Decrease worker exposure
These pollution prevention opportunity assessments are not inspections! They are confidential, completely voluntary and non-regulatory. The purpose is not to evaluate your facility’s compliance with environmental regulations, but rather to assess voluntary measures that can be taken to make the most efficient use of materials and energy, which will protect the environment, your workers and save you money!
Lean and Clean Assessments
Mtech's Manufacturing Assistance Program is partnering with the MD Department of the Environment (MDE) to provide Lean and Clean Assessments for at least two Maryland manufacturers. The objective of the Lean and Clean Assessment Process is to identify opportunities for improvements that reduce waste, increase productivity and profitability, increase customer satisfaction, and reduce impacts on the environment. The Manufacturing Assistance Program will work with a company team to document, analyze, redesign, and plan specific activities to eliminate wasted energy, materials, and non-value adding activities throughout a selected product/process line. The value stream mapping process will be used to guide the brainstorming and analysis session. For more information about this program, contact Paul Gietka at (410) 706-3445.
Upcoming Mtech Events
June 14, 10 a.m.-noon: Free, Open Entrepreneur Office Hours for University of Maryland Students, Faculty and Staff, and Regional Entrepreneurs with Tech-Based Startups or Ideas
Location: Room 1103, Technology Advancement Program building
Mtech is hosting free office hours to help aspiring and current entrepreneurs with tech-based startups or ideas get advice on how to:
- build and finance a startup company
- develop and protect intellectual property
- navigate the technology transfer process
- refine your business strategy for rapid growth
- tap into other entrepreneurial resources
Representatives from the following organizations and groups are typically on hand to speak with you one-on-one regarding any questions you might have about starting a company:
Read more and register at: www.eoh.umd.edu
Partner and Other Opportunities and Events
June 15, 7:30 a.m.-3 p.m.: 6th Annual Postdoc Conference & Career Fair
Location: Bethesda North Marriott/Montgomery County Conference Center, 5701 Marinelli Road, Rockville, MD 20852
Cost: free for postdocs
This is a conference and career fair for current postdoctoral fellows working in Washington, D.C. area federal labs and universities, and for companies recruiting high-level S.T.E.M. (Science, Technology, Engineering and Mathematics) professionals. This event exposes area postdoctoral fellows in the S.T.E.M. fields to the many career options (e.g., government, private sector, entrepreneurship) that are available to them. The career fair portion connects local job-seeking postdocs with companies seeking that level of talent.
June 16, 6:30-9 p.m.: Tech Cocktail Startup Mixology Conference
Location: Woolly Mammoth Theater, Washington, D.C.
The Startup Mixology Conference will break down every ingredient that goes into starting and running a successful business. Entrepreneurs will share their insights on creativity, design, branding, legal, funding, bootstrapping, PR, marketing and social media, building a development team and more.
June 16, 4:30 p.m.: Google & University of Maryland Cybersecurity Center: The Future of Online Identity
Location: Room 1110 Jeong H. Kim Engineering Building, University of Maryland, College Park
Earlier this year, President Obama signed a strategy to create a private sector marketplace for online identity. Schwartz, one of the leaders in creating and implementing the strategy, will present the President's vision and the Department of Commerce's plan to implement what government and private sector leaders are saying will lead to a next generation of a trusted identity environment where individuals, companies and organizations can operate with trust and confidence. Ari Schwartz serves as Senior Internet Policy Advisor for the NIST Information Technology Laboratory. He represents NIST on the Department of Commerce Internet Policy Task Force, providing input on areas such as cybersecurity, privacy, and identity management. He also works with NIST Director Patrick Gallagher on IT-related standards issues. Schwartz came to NIST in August 2010 after serving almost 13 years as Vice President and Chief Operating Officer of the Center for Democracy and Technology. Schwartz's work there focused on increasing individual control over personal and public information. He also worked to improve privacy protections in the digital age and expand access to government via the Internet. While at CDT, Schwartz regularly testified before Congress and Executive Branch Agencies on these issues. He also led the Anti-Spyware Coalition (ASC), anti-spyware software companies, academic, and public interest groups dedicated to defeating spyware. In 2006, he won the RSA Award for Excellence in Public Policy for his work building the ASC and other efforts against spyware. HE was also named one of the top 5 influential IT security thinkers of 2007 by Secure Computing Magazine.
June 25-26: BioParks 2011: The Next BIG Thing in Research Parks: Bioparks, Innovation and GreenTech
Location: American Institute of Architects (AIA) Headquarters, Washington, D.C.
Join your colleagues at BioParks 2011 to hear from headline speakers Moira Gunn, host of BioTech Nation and Charles O. Holliday, Jr., Chairman Emeritus of the Council of Competitiveness and Chairman of Bank of America and H. Thomas Watkins, President and Chief Executive Officer of Human Genome Sciences, among others. This mid-year meeting will drill down on the future of research, science and technology parks and will feature the AURP Architectural Showcase, a tour of the UM BioPark and networking opportunities with global research park professionals.
- "Competing in a Global Market" with Charles H. Holliday, Chairman Emeritus of the Council on Competitiveness and Chairman of the Board of Bank of America
- “From Lab to Marketplace: HGS Launches New Lupus Drug” with Human Genome Sciences President and Chief Executive Officer H. Thomas Watkins
- Keynote luncheon and keynote session “The Facts of Life in the High-Tech Age” with Dr. Moira A. Gunn, Host of BioTech Nation on NPR
- New Architectural Showcase highlighting the best in tech design worldwide
- A tour of the region’s Communities of Innovation
For more can’t-miss speakers, tours, pre-session professional development and networking opportunities visit http://bioparks.aurp.net.
June 27, noon-4:15 p.m.: InterconneXions@BIO2011
Location: Intercontinental Willard Hotel, Pennsylvania Ave. 1401, Washington, D.C.
Come and meet companies, research centers and other actors from the life sciences sector. Present your company, goals and future endeavors to an international audience, allowing you to find the perfect partner and learn how the bioregions and clusters can help you meet your objectives. For its first edition, InterconneXions@BIO2011 offers you a chance to meet with international companies and organisms whose main goal is to support research and development in life sciences. This event gives your company the opportunity to: Network with international companies, centers and institutional communities. Witness and participate in a debate addressing the need for international growth. Participate in one-on-one meetings with potential partners.
June 29: 2011 StartRight! Business Plan Competition Deadline
This business plan competition for women is designed to give new businesses a boost with cash prizes, publicity, and an opportunity for review and recommendations from an experienced panel of judges from area businesses, financial institutions, organizations, government agencies and colleges.
- Business must be qualified to operate in Maryland, the District of Columbia or Virginia
- Business must be at least 51% women owned
- Business must be in business for two years or less. Companies may be in the pre-operational phase
For more information about how to enter, visit www.rockvilleredi.org
July 8, 2-3:30 p.m.: TEDCO Funding Briefing
Location: 5565 Sterrett Place, Suite 214, Columbia, MD 21044
TEDCO Funding briefings provide detailed information about TEDCO's primary funding programs for seed stage companies, including:
- Maryland Technology Transfer Fund (MTTF)
- Johnson and Johnson Joint Investment Program
- University Technology Development Fund (UTDF)
- Working Capital Loan Fund (WCLF)
- Maryland Stem Cell Research Fund (MSCRF)
- Rural Business Initiative (RBI)
- Federal Technology Insertion Initiatives
Attendees will learn about eligibility requirements, proposal submission guidelines, review processes, award conditions, reporting requirements and payback (MTTF, UTDF, and WCLF only). These briefings should be of interest to economic development professionals, angel investors, entrepreneurs, small technology-based businesses, small defense contractors and university faculty inventors. Briefings are free, however registration is required.
Thanks to Our Sponsors!
Sponsors of Mtech's programs include: Fish & Richardson P.C., the Maryland Biotechnology Center, Lockheed Martin, Nixon Peabody LLP, SAIC, and Warren Citrin. Mtech's partner organizations are FounderCorps and Social Matchbox.
E-newsletter archives are available at: http://www.mtech.umd.edu/news/enewsletters.html
Maryland Technology Enterprise Institute (Mtech)
A. James Clark School of Engineering
University of Maryland, College Park, MD 20742